US Economy to create jobs again
Posted by Stephen Cline on March 23rd, 2010There are enough indications that the US economy will start to create jobs once again. This is not tough given the fact that the US economy seems to be turning round the corner and also coming up with measures to ensure that there is visible improvement in how the economy fares. A lot of measures have to do with the private sector which is the engine of growth an which helps create a lot of jobs, this is all fine, but steps need to be taken to address the core issues that led to the crisis in the first place, if this is not done, you will have a situation where the US economy could get back into the doldrums all over again. This is not at all ideal and has to be countered tooth and nail. There are indeed quite a few measures that are being taken by the government to bring the US economy out of the doldrums, but it must also be ensured that there are enough checks and balances to prevent a repeat of the debacle and the catastrophic events that took place earlier.
The stimulus package that had been given seems to have been good, but unless it can be sustained and lead to real growth, its effects could be quite short lived.